Overview
Steptoe's Financial Services University brings together lawyers and professionals from across the many legal, business, and regulatory areas that intersect with the financial services industry.
In these short videos, we explore key issues and topics that may impact your business. Whether you work in the financial services industry or your business involves financial issues, these sessions will help you learn more about the many aspects of financial services. Each session is self-contained, so you can pick the videos that interest you and your business.
Click on the topic below to jump to the session of your interest:
- Due Diligence of Art and Cultural Antiquities
- Energy Trading Regulatory Requirements and Investigations
- Extraterritorial Application of US Criminal Law
- Financial Crime Compliance Programs
- FINRA Enforcement: Positioning Your Firm to Receive Credit for Extraordinary Cooperation
- FSOC 3.0 – Fully Coordinated Financial Regulatory Policy
- How Criminal Fraud Prosecutions are Changing the Broker-Dealer and Customer Relationship
- How are Financial Institutions Reacting to China's Anti-Foreign Sanctions Law?
- Limits on Liability in Private Investment Agreements
- Recent Developments Concerning Federal Securities Class Actions Filed in State Courts
- Recent Changes to US AML Laws and What to Watch for Going Forward
- The New Manhattan District Attorney's Priorities and Their Impact on the Prosecution of White-Collar Crime
- Videos from Semester I
Due Diligence of Art and Cultural Antiquities
Luke Tillman and Rebecca Robinson discuss critical aspects of due diligence for art and antiquities, why they matter, and how they apply to individuals in the financial services sector.
Energy Trading Regulatory Requirements and Investigations
Dan Mullen discusses how energy trading – whether physical or financial – is heavily regulated and subject to investigations by FERC and the CFTC.
Extraterritorial Application of US Criminal Law
Jim Brochin talks about why it is important for all companies to keep in mind the expansive reach of US criminal law and consider the risk it may apply to activities that may not appear to have a strong connection to the United States.
Financial Crime Compliance Programs
Alex Melia discusses how, as companies increasingly adopt financial crime compliance programs to benefit from prosecutorial leniency following a compliance incident, careful thought must be given to the role the protection of legal privilege should play in the design and functioning of such programs to mitigate the risk they pose of uncovering potentially problematic issues.
FINRA Enforcement: Positioning Your Firm to Receive Credit for Extraordinary Cooperation
Erica Gerson discusses how positioning one’s firm to receive credit for cooperation may result in no formal action or lower enforcement penalties.
FSOC 3.0 – Fully Coordinated Financial Regulatory Policy
Micah Green talks about the Financial Stability Oversight Council (FSOC), including what is does and why it matters as a coordinating body for all US financial regulators.
How Criminal Fraud Prosecutions are Changing the Broker-Dealer and Customer Relationship
Pat Linehan and Wes Heath discuss ways in which recent federal prosecutions involving sophisticated financial markets are shifting the relationship between broker-dealers and customers.
How are Financial Institutions Reacting to China’s Anti-Foreign Sanctions Law?
Nick Turner and Bo Yue address the question of how financial institutions doing business in China and Hong Kong are thinking ahead about how to manage potential conflicts under China’s developing anti-foreign sanctions regime.
Limits on Liability in Private Investment Agreements
Nate Kritzer explains enforcement of limits on liability in investment disputes under the laws of the most commonly selected US jurisdictions.
Recent Developments Concerning Federal Securities Class Actions Filed in State Courts
Liz Cassady examines recent developments in federal securities class actions, including the US Supreme Court’s grant of cert in Pivotal and the implications for other federal securities class actions filed in state courts.
Recent Changes to US AML Laws and What to Watch for Going Forward
Evan Abrams talks about how the Anti-Money Laundering Act of 2020 (AMLA) created a number of key changes to the US AML regime that continue to be implemented by the Treasury Department.
The Impact of Upcoming Regulation of AI by Europe
Diletta De Cicco and Charles Helleputte discuss the use of AI technology by the financial services sector, the EU’s proposed regulations, and potential impact for the financial sector.
The New Manhattan District Attorney's Priorities and Their Impact on the Prosecution of White-Collar Crime
Mike Miller discusses the groundbreaking policies and priorities of Alvin Bragg, the newly-elected Manhattan District Attorney, and how his goals for the legendary office are expected to impact the prosecution of white-collar and street crime.
Videos from Semester I
- Anti-Money Laundering Regulation - Zoe Osborne and Jeff Beatrice talk about what money laundering is and how it works, compare US and UK laws regarding money laundering, and discuss recent trends and expected future government enforcement priorities.
- Corporate Governance - Michael Dockterman talks about counseling boards of directors on corporate governance matters, including CEO evaluation, board self-assessment, committee function and structure, facilitating strategic planning, and internal investigations.
- Distressed Asset Acquisition - Jeff Reisner discusses what to do with distressed assets and how to get rid of them. If you want more information about distressed assets, check out the webinars Jeff presented on Distressed Asset Acquisitions and Bankruptcy 101.
- EU Insurance and Reinsurance Regulation - Guy Soussan and Philip Woolfson take a look at the European re/insurance supervision landscape, what the current difficult environment means for our clients day-to-day, and the sector's response to COVID-19 and how that's going to play out over the coming months.
- Financial Services Regulatory Compliance and Advocacy - Micah Green and Richard Shilts talk about the growing role of federal financial regulators, how it impacts companies, and the way regulated industries conduct business.
- Fine Points on Economic and Trade Sanctions - Meredith Rathbone and Nick Turner talk about how sanctions from the Office of Foreign Assets Control apply to any currency, why the US government permits some transactions with sanctioned territories, and how secondary sanctions are limited to certain activities.
- Individual Tax and Estate Planning - Beth Tractenberg and Zvi Hahn discuss important things to keep in mind when estate planning, as well as considerations for cross-border and international estate and tax planning.
- Insider Trading Investigations and Enforcement - Mike Miller dives into three key aspects of insider trading investigations and prosecutions in this COVID-19 era: why there is a heightened risk of insider trading investigations and prosecutions, what are the three basic theories of insider trading prosecutions, and what defenses exist for individuals who find themselves in the cross hairs of an investigation.
- International Trade and Investment Agreements - Christophe Bondy talks about how the Financial Services industry shows up in international trade law including at the World Trade Organization and in free trade agreements, how financial services will be covered in any Brexit deal between the United Kingdom and European Union, and efforts undertaken to facilitate international trade in financial services through multilateral standards-setting.
- Judgment Enforcement in Commercial Disputes - Steven Davidson discusses the difficulties of enforcing a judgment when defendants don't want to pay, creating strategies for making judgments enforceable, and how financial services industry companies are brought in as custodians of assets.
- Latin America - Fernando Merino talks about what it's like to do business in Latin America, where the opportunities are and what liabilities companies are likely to encounter.
- Puerto Rico - Former Governor of Puerto Rico Luis Fortuño talks about Puerto Rico's bankruptcy and restructuring, and what that might mean for other state and local governments.
- The Impact of Taxes in Times of Economic Downturn - Lisa Zarlenga and Bob Rizzi discuss how taxes might impact businesses decisions regarding companies that are suffering potential setbacks, including debt workouts and acquisitions of troubled companies – an issue that is top of mind for many companies who are dealing with the fallout of COVID-19 and the potential years of regrouping that will come afterward.
- Trade Policy, Market Access, and Supply Chains - Jeff Weiss discusses international trade policy in the financial services arena. He dives into how trade policy tools can be used to improve market access for financial services providers around the world. Jeff also talks about Steptoe's recently launched Supply Chain team, and how supply chain issues impact financial services.
- Virtual Currency and Blockchain - Alan Cohn takes a look at the role of cryptocurrency, dispels the idea that cryptocurrency and cryptoassets are unregulated and that there are not clear regulations for this space, and discusses the issues faced by companies financial services companies face when dealing with cryptocurrencies.
